BPCL has been experiencing a falling wedge since a long time it gave a breakout some time back but failed to sustain causing a false breakout
it has formed the same falling wedge near support levels
it has started to feel some buyers coming in visible in shorter time frame
long term view:
BPCL is gonna be privatized by the year end seeming to be a good news
if yall can hold it till a year
dividend yield too is better than fd
Holding for long term can give great returns too!!!